Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Unusually-High Trading Volume – What’s Next?

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw unusually-high trading volume on Tuesday . Approximately 8,766,269 shares changed hands during mid-day trading, an increase of 2,150% from the previous session’s volume of 389,691 shares.The stock last traded at $28.09 and had previously closed at $28.03.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Up 0.1%

The firm has a fifty day moving average price of $27.62 and a 200 day moving average price of $27.72.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.0887 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Tuesday, January 20th.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

Several institutional investors have recently made changes to their positions in the company. Operose Advisors LLC purchased a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter worth approximately $38,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 97.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,757 shares of the company’s stock valued at $76,000 after purchasing an additional 1,364 shares during the last quarter. CoreCap Advisors LLC grew its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 19.7% during the 3rd quarter. CoreCap Advisors LLC now owns 4,876 shares of the company’s stock worth $135,000 after purchasing an additional 802 shares during the period. Quadrature Capital Ltd purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 2nd quarter worth $234,000. Finally, Sequoia Financial Advisors LLC increased its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 26.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 9,826 shares of the company’s stock worth $271,000 after purchasing an additional 2,044 shares during the last quarter.

About Invesco Equal Weight 0-30 Year Treasury ETF

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.